PeopleSoft says Q3 app. license rev. tops Oracle's

NEW YORK (CBS.MW) -- PeopleSoft
PSFT, +0.00%
said fiscal third-quarter application license revenue, with one week still left in the quarter, has already exceeded Oracle Corp.'s
ORCL, -0.92%
license revenue for Oracle's fiscal first quarter. PeopleSoft, which is attempting to fend off a hostile takeover by Oracle, said it would not comment further on its progress in the quarter until it reports full results. PeopleSoft shares closed Wednesday down 4 cents at $19.32 and Oracle lost 27 cents to $11.14.

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